Nirvana ANA Price (ANA)

What Is Nirvana ANA(ANA)?

Nirvana is a twin system of algorithmic wealth & ultra low-risk stablecoin on the Solana network. It produces the ANA token: an algorithmic metastable token that serves as a store of wealth. And it produces the NIRV token: a decentralized superstable store of value.

What Are the Main Features of Nirvana ANA(ANA)?

It enables zero liquidation-risk loans of NIRV that have a negative interest rate. You earn yield on your debt. The way it accomplishes this is by transferring the volatile, speculative energy of the ANA token into the backing for the superstable NIRV token.

• Concentrated liquidity. The NIRV token bundles the diverse reserve of stablecoins, concentrating their fragmented liquidity into one token. This bundling includes Solana-native tokens, as well as bridged assets, increasing the overall stablecoin liquidity on Solana.
• Intrinsic value. Nirvana maintains a diverse basket of reserve assets that backs the value of ANA. At any point in time, ANA has an intrinsic value guaranteed by the reserves. The protocol will always buy ANA back at its intrinsic value, and so this value becomes a hard floor price under which the token cannot trade.
• Rising floor. As the surplus reserves grow in value, the protocol algorithmically increases the intrinsic value of the token. This increase is tantamount to raising the floor price. In other words, ANA holders enjoy permanent gains. Once the floor price ratchets up, those gains are locked forever.
• Sustainable APY. Users are incentivized to stake their ANA in order to gain periodic rewards. The protocol mints pre-ANA (prANA) tokens at a regular interval, based on the total supply of ANA. These prANA tokens are shared to stakers in proportion to how much they have staked. The result of repeated rewards creates compounding APY for stakers.
• Higher-order stablecoin. ANA can be used as collateral for taking NIRV loans. The NIRV token is a superstable currency that is fully collateralized 1:1 with the intrinsic (floor) value of ANA. Since NIRV loans are priced at the floor value of ANA (which can never be breached), there is zero liquidation risk for these loans.
• Risk-adjusted discount. The protocol's reserve profits when the protocol sells ANA at the spot price and also when it sells time-released ANA (trANA) contracts. When a user purchases ANA tokens from Nirvana, the protocol mints an amount of new tokens that are either available instantaneously, or that vest linearly for the user. The price of both time-released ANA and instant spot ANA are algorithmically set by the protocol's optimized AMM. Time-released ANA prices go up with demand for buying them, and lower over time as ANA tokens vest.

How the Nirvana ANA Protocol Works

The Nirvana protocol produces the NIRV and ANA tokens on the Solana blockchain. ANA is the first metastable token with a rising floor – a store of wealth with permanent gains, limited downside, and unlimited growth. NIRV is powered by ANA's reserves. It is a decentralized superstable coin with low risk through its diversified backing.

What Is Nirvana ANA(ANA) Token?

The native store of wealth produced by Nirvana is the ANA token. It is a partially collateralized, volatile metastable token. The price of ANA is limited by a rising floor, backed by a diversified basket of stablecoins. The effect is that ANA can trade above the floor, but can never trade beneath the floor. It has limited downside, but unlimited upside.

ANA generates yield through staking rewards. Holders of ANA may choose to stake it with the protocol, and earn regular prANA reward tokens. These prANA tokens are options to buy additional ANA at the current floor price. Realizing prANA tokens to purchase more ANA that gets staked creates a compounding APY, where the rewards are re-invested into the user's principal.

Where Can You Buy Nirvana ANA(ANA)?

Investing in Nirvana ANA can seem complicated, but it is much easier when you buy Nirvana ANA through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Nirvana ANA — both for fiat money and other cryptocurrencies. Some of the most popular Nirvana ANA cryptocurrency exchange are:

• Raydium
• MEXC Global

Please check Nirvana ANA(ANA) token address If you want to buy or sell Nirvana ANA(ANA) on dex exchange. Beware of scams!
Click here to view Nirvana ANA(ANA) price in different crypto exchanges.

Nirvana ANA (ANA) Community

• Twitter: https://twitter.com/nirvana_fi
• Discord: https://discord.gg/nirvanafi
• Medium: https://medium.com/@nirvanafinance
• Telegram: https://t.me/nirvanafi

What is Nirvana ANA (ANA) Contracts address?

• Solana: ANAxByE6G2WjFp7A4NqtWYXb3mgruyzZYg3spfxe6Lbo